Question

THIS PROBLEM IS ABOUT ACCOUNTING FOR GOVERNMENTAL AND NONPROFIT ORGANIZATIONS！

The City of Hutchinson appropriated $80,000 to the Parks Department for the purchase of landscape plants, small tools, and small equipment. The following transactions occurred for the department during the current month. CITY OF HUTCHINSON TRANSACTIONS FOR PARKS DEPARTMENT FOR CURRENT MONTH (1) The department issued Purchase Order 100 for landscape plants at an estimated cost of (2) The department issued Purchase Order 101 for the purchase of small tools at an estimated (3) |The items in Purchase Order 100 were received with an invoice of $27,000. The invoice $25,000. cost of $30,000 was vouchered for payment. (4) The invoice received in (3) above was paid (5) An emergency required that the department purchase 2 chain saws immediately. After calling three local suppliers to get the best price, the parks superintendent obtained a check for $500 from the finance director and picked up the chain saws. REQUIRED: Using the attached form, prepare the general journal entry(ies), in good form, to record the transactions for the Parks Department for the current month. Omit explanations. Use the number of the entry for the date.

Answer 1